Plan Ledger DOL Form 5500 · updated monthly

Fpt Operating Company, LLC401(k)

TALUS PAYMENTS 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Fpt Operating Company, LLC reported $3,729 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,609 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.09% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (3,859th of 5,688), and 4,392nd of 4,798 in finance & insurance. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,805,580
Participants with balances133
Active participants161
Employer contributions$420,092
Employee contributions$829,573
Employer contribution per active participant$2,609
Average account balance$43,651
Benefits paid to participants$641,919
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 133 accts · $420K emplr
2023$4.3M · 134 accts · $410K emplr
2022$3.1M · 147 accts · $333K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$3,729
Total administrative$3,729
The Fpt Operating Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,609
Median for plans this size$1,313
2024$2,609 per active participant
2023$2,529 per active participant
2022$2,043 per active participant

Fpt Operating Company, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BOKF, NA · Custodial (securities) · Loan processing$4,429

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$3,729 · 0.07%
2023$3,332 · 0.09%
2022$2,737 · 0.09%
Same employer
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Risk Theory, LLC TX$6.0M · 0.07%
Vbt Financial Corporation TX$6.0M · 0.58%
Rategenius, Inc. TX$6.0M · 1.61%
Fundbox, Inc. TX$5.9M · 0.02%
Liftfund, Inc. TX$5.7M · 0.40%
Open Mortgage, LLC TX$5.6M · 1.24%
Rental One TX$5.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814590281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.